The Verisk Catastrophe Index has been expanded beyond the hurricane peril to also cover U.S. earthquake risk, including fire following earthquake. The index provides industry-wide insured property loss estimates by county and line of business based on data from ISO’s …
ZooMontana has reopened after reaching an agreement with its insurance company. The Billings, Mont., zoo closed May 9, 2011, after its liability insurance policy was canceled over a late payment. ZooMontana board chairman Ian McDonald says the zoo’s executive director …
State forestry officials say some trees damaged by recent tornadoes or flooding could still survive. Bruce Webster, urban forester with the Tennessee Department of Agriculture, said trees have an amazing capacity to re-grow after damage. In a news release from …
Gov. Bill Haslam’s proposal to limit lawsuit damages in Tennessee has passed the Senate last week despite passionate arguments from opponents that the measure would unfairly target victims. The legislation carried by Republican Senate Majority Leader Mark Norris of Collierville …
Focus Direct LLC has been slapped with 12 serious, one repeat and four other-than-serious safety and health violations and fined up to $83,000 after an inspection found that workers were exposed to amputation hazards at the company’s San Antonio facility, …
A Vermont fire station that covers parts of two states and Canada is among the properties that have suffered damages in spring flooding. The Beecher Falls Fire Station, located in the northeastern corner of Vermont, was inundated April 27 when …
Owners of Toyota Motor Corp vehicles that were recalled over unintended acceleration may pursue claims against the automaker that the problem caused the value of their cars to fall, a federal judge ruled Monday. U.S. District Judge James Selna in …
The Virginia Chapter of the International Association of Special Investigation Units (VA IASIU) has recognized Martha Sink, GEICO, as Investigator of the Year for her efforts to prove a truck was not torched as a result of theft, but as …
According to a bulletin on its web site, the Insurance Council of Australia has released updated figures on “how the general industry has responded to the enormous task of assessing over 118,000 insurance claims received as a result of the …
The U.S. Army Corps of Engineers classifies a dam in far southeast Oklahoma as extremely high risk, but officials say there’s no immediate danger the dam might fail and negatively affect those downstream along the Little River in southwest Arkansas. …